SAVING INNOVATIVE ECONOMIC MECHANISMS IN SMALL BUSINESSES
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Abstract:
This article analyzes the economic efficiency of mechanisms for increasing innovative capacity in small businesses from a scientific, theoretical and practical perspective. In the course of the research, the impact of organizational and economic mechanisms that stimulate innovative activity, financial support tools, the introduction of digital technologies, and human capital development factors on the activities of small businesses is studied. It also highlights the possibilities of increasing production efficiency, strengthening competitiveness, improving the quality of products and services, and expanding market share by increasing innovative capacity. The article identifies criteria for assessing the economic efficiency of innovative mechanisms in small businesses and justifies the positive economic indicators achieved as a result of their implementation in practice.
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References:
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